Oracle president Thomas Kurian has resigned his post, less than a month after his leave of absence stoked concerns of discord at the world’s second-largest software maker, Bloomberg reports.
Kurian, who as president of product development, was Oracle’s fourth-highest leader, will pursue other opportunities, the Redwood City, California-based company said Friday in a regulatory filing. His responsibilities were reassigned to other senior executives in Oracle’s development organization.
Indian born Kurian took a break from his $800,000-plus-a-year Oracle job at the start of this month, days before the Silicon Valley software giant revealed its growth in the cloud had virtually stalled.
Kurian joined the corporation in 2014 to transform it into a cloud services and platform vendor. Incidentally, Kurian was among highflying execs named in a lawsuit against Oracle by a pension fund, which accused the IT titan of exaggerating its cloud business revenue, according to recent media reports
Kurian, 51, faced some issues from executive Oracle founder and chairman Larry Ellison, Bloomberg News reported. The dispute was said to have centered on whether Oracle should make more of its software available to run on cloud computing from chief rivals Amazon.com and Microsoft as a way to diversify from its own struggling infrastructure. Larry Ellison opposed such a move.
